The term Re-hypothecation came up a lot during the MF Global meltdown. It’s quite a common term in the securities market – but what does it mean? Marketplace Money senior producer Paddy Hirsch explains.
The securities firm run by Jon Corzine, who was formerly the governor of New Jersey and head of Goldman Sachs, is the first American company to fall victim to the European debt crisis.
http://vimeo.com/33801575Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right?…